PLANNING FOR THE FUTURE WITH PRENUPTIAL AGREEMENTS
More and more people are realizing the importance of prenuptial agreements. Typically, these agreements relate to property issues.
By planning ahead, you can avoid lengthy, complicated and contentious litigation over property division.
PRENUPTIAL AGREEMENTS
Completed prior to marriage, a prenuptial agreement can be used to protect a business or delineate certain income or assets as separate. Couples can still commingle their assets, but the agreement defines which assets will be considered marital and which will be personal property to avoid a potential fight in the future.
Couples will often decide in their prenuptial agreement how they will treat income during the marriage, as well as items purchased during the marriage. Sometimes couples will even agree to treat earnings as personal property and state in their agreement how they will treat the accumulation of wealth or acquisition of property during the marriage.
Prenuptial agreements are particularly useful when couples are marrying late in life and they both have children. These agreements can also address if the couple has children together and how those children may be treated differently than children they have apart.
LEARN MORE ABOUT HOW WE CAN HELP
Mary L. Greenwood McDermott has over 30 years of experience witnessing firsthand the high emotional and financial costs of litigation. She understands that prenuptial agreements are tools used for asset protection, to responsibly plan for the future. She will work closely with you to designate and divide assets prior to marriage or divorce.
To learn more during an initial consultation with our prenuptial agreement lawyer, please email our office or call us at 813-653-1744 .
